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Spa in South Korea

Publisher GlobalData
Published Jun 05, 2025
Length 34 Pages
SKU # GBDT20349543

Description

Spa in South Korea

Summary

Spa in South Korea industry profile provides top-line qualitative and quantitative

summary

information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • A spa is a facility that promotes well-being by providing therapeutic and other professional services aimed at renewing the body, mind, and spirit. The market value includes revenue generated by the market players in a specific year.
  • The South Korean spa market recorded revenues of $2,300.8 million in 2024, representing a compound annual growth rate (CAGR) of 5.9% between 2019 and 2024.
  • The day/club/salon spa segment accounted for the market's largest proportion in 2024, with total revenues of $1,175.3 million, equivalent to 51.1% of the market's overall value.
  • South Korea accounted for a 5.1% share of the Asia-Pacific spa market in 2024.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the spa market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the spa market in South Korea
  • Leading company profiles reveal details of key spa market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea spa market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the South Korea spa market by value in 2024?
  • What will be the size of the South Korea spa market in 2029?
  • What factors are affecting the strength of competition in the South Korea spa market?
  • How has the market performed over the last five years?
  • Who are the top competitors in South Korea's spa market?

Table of Contents

34 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What are the most recent notable developments in the market?
7.4. What are the new trends in the market?
7.5. What are some of the challenges faced by the leading players in the market?
8 Company Profiles
8.1. The Spa by Grand Hyatt Seoul
8.2. The Spa at Four Seasons Hotel Seoul
8.3. Conrad Seoul
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related GlobalData research
10.4. About GlobalData
List of Tables
Table 1: South Korea spa market value: $ million, 2019-24
Table 2: South Korea spa market category segmentation: % share, by value, 2019-24
Table 3: South Korea spa market category segmentation: $ million, 2019-24
Table 4: South Korea spa market geography segmentation: $ million, 2024
Table 5: South Korea spa market value forecast: $ million, 2024-29
Table 6: The Spa by Grand Hyatt Seoul: Key Facts
Table 7: The Spa at Four Seasons Hotel Seoul: Key Facts
Table 8: Conrad Seoul: Key Facts
Table 9: South Korea Exchange Rate, 2019-24
List of Figures
Figure 1: South Korea spa market value: $ million, 2019-24
Figure 2: South Korea spa market category segmentation: $ million, 2019-24
Figure 3: South Korea spa market geography segmentation: % share, by value, 2024
Figure 4: South Korea spa market value forecast: $ million, 2024-29
Figure 5: Forces driving competition in the spa market in South Korea, 2024
Figure 6: Drivers of buyer power in the spa market in South Korea, 2024
Figure 7: Drivers of supplier power in the spa market in South Korea, 2024
Figure 8: Factors influencing the likelihood of new entrants in the spa market in South Korea, 2024
Figure 9: Factors influencing the threat of substitutes in the spa market in South Korea, 2024
Figure 10: Drivers of degree of rivalry in the spa market in South Korea, 2024

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